Red, inc., Yellow Corp., and blue company each will pay a dividend of $2.70 next year. The

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Red, inc., Yellow Corp., and blue company each will pay a dividend of $2.70 next year. The growth rate in dividends for all three companies is 7 percent. The required return for each company's stock is 8.30 percent, 11.90 percent, and 14.50 percent., respectively.

(a) what is the stock price for red inc. company?

(b) what is the stock price for yellow Corp. company?

Posted Date: May 17, 2024 08:03 PM

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Red, inc., Yellow Corp., and blue company each will pay a dividend of $2.70 next year. The

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